Certificates of Deposit FAQs

Certificates of Deposit

How much do I need to open a CD?
The minimum opening deposit for a CD is $1,500.

What is the interest rate for each CD?
Our interest rates are variable and do change periodically. View our interest rate chart or if you’d like to confirm rates before opening an account, call us at 855.999.BANK (2265).

How is interest calculated on my CD?
The interest for our CD’s is earned daily and credited to your account monthly or at maturity.

What kinds of fees are associated with this account?
Find out on the Facts and Fees page for our CDs.

What do I need to open this account online?
It’s good to have a few things handy so you can open your CD easily and quickly.

  • Your Social Security Number or Individual Tax Identification Number (ITIN)
  • A U.S. government-issued photo ID (like a driver’s license, passport, state, or military ID)
  • A U.S. checking or savings account to fund your new account
  • An active email address



How secure is my online account?
By banking through AAA, your account is safe—it’s our top priority. We use state-of-the-art technology to ensure the safety of your account information 24/7.

Is your bank FDIC insured?
Yes. Our bank is FDIC insured under our legal name, Auto Club Trust, FSB.

Do I have to be a AAA member to open an account?
Being a AAA member is not required to open an account with us. If you are not a AAA member but would like to become one, please call 800-AAA-6424.